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Searching Elastic’s IPO Filing

Elastic filed paperwork last week to make an initial public offering (IPO) of stock to trade on the New York Stock Exchange under the ticker symbol ESTC, making it the latest software firm with big data roots to test the Read more…

The Future of Storage: Hardware

Fueled by massive growth in data creation, the state of data storage hardware is evolving at a considerable rate at the moment. Much of the innovation occurring today is tied to solid state flash drives and non-volatile Read more…

BI Vendors Sliced and Diced on G2’s Grid

If you're on the hunt for better business intelligence software – and really, who isn't these days? – you likely are reading some analyst reports on the topic. But all too often, those reports don't reflect the exper Read more…

Why Developers Need to Think Like Data Scientists

Data is growing faster than is even fathomable. By 2020, roughly 1.7 megabytes of new information will be created every second for every human being on the planet. Given the immense amount of data, it’s no wonder there Read more…

Cloudian Buys File Storage Pioneer

The vibrant enterprise storage sector that has spawned a batch of aggressive startups offering all-flash and other advanced storage approaches is also showing early signs of realignment as established players look to exp Read more…

AI Spending Set to Skyrocket, So What’s the Holdup?

If your business is investing in artificial intelligence (AI), congratulations -- it shows understanding of the potential risks and rewards associated with the emergence of this powerful new technology. While billions of Read more…

ETL Slowing Real-Time Analytics, Survey Finds

ETL, the extract, transfer and load tool used to move data between databases or to data warehouses, is struggling to keep pace with growing demand for real-time data analysis, resulting in operational inefficiencies and, Read more…

Only a Fraction of 160 Zettabyte ‘Datasphere’ to Be Stored

Think you've seen big data? Think again. The amount of data created in the universe will skyrocket from 16 zettabytes this year to more than 160 zettabytes by 2025, according to a new IDC report sponsored by Seagate. Luc Read more…

Object Storage Ecosystem Grows While Standardizing and Consolidating, IDC Says

The object storage system landscape has changed dramatically in the past year thanks to consolidation of the players involved and technological standardization, IDC says in its latest report. Object-based storage syst Read more…

AI Platforms Seen Emerging in 2017

Technology predictions for next year are already filtering in, with artificial intelligence and full-blown analytics and other platforms increasingly seen as among the keys to opening the big data floodgates in 2017. Read more…

This Just In

IDC Forecasts Revenue for Artificial Intelligence Software Will Reach $279B Worldwide in 2027

Oct 31, 2023 |

NEEDHAM, Mass., Oct. 31, 2023 — A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%. Read more…

IDC FutureScape: Artificial Intelligence Will Reshape the IT Industry and the Way Businesses Operate

Oct 27, 2023 |

NEEDHAM, Mass., Oct. 27, 2023 — International Data Corporation (IDC) published its worldwide information technology (IT) industry predictions for 2024 and beyond. This IDC FutureScape report provides IDC’s top 10 predictions on the future of the IT Industry and how “AI Everywhere” Read more…

IDC Forecasts Spending on GenAI Solutions Will Reach $143B in 2027 with a 5-Year CAGR of 73.3%

Oct 16, 2023 |

NEEDHAM, Mass., Oct. 16, 2023 — A new forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with a compound annual growth rate (CAGR) of 73.3% over the 2023-2027 forecast period. Read more…

Salesforce Reveals New IDC Study: Generative AI to Boost Revenues by Over $2T and Create 11.6M Jobs by 2028

Sep 11, 2023 |

Sept. 11, 2023 — Salesforce today shared the topline results from a forthcoming IDC study showing that the company and its partner ecosystem, fueled by the new wave of generative artificial intelligence (AI), will create a net gain between 2022 and 2028 of more than $2 trillion in business revenues and 11.6 million jobs. Read more…

IDC-Teradata Study: Data Ethics, IT Complexity, and the Future of Generative AI in Global Enterprises

Aug 1, 2023 |

SAN DIEGO, Aug. 1, 2023 — Executives at large enterprises across the globe are facing unprecedented pressures around adopting generative artificial intelligence (GenAI), addressing ever-increasing data complexity, and managing a growing skills gap. Read more…

IDC: Compute and Storage Cloud Infrastructure Spending Continued to Grow as Prices Soared in 1Q 2023

Jul 5, 2023 |

NEEDHAM, Mass., July 5, 2023 — According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 14.9% year over year in the first quarter of 2023 (1Q23) to $21.5 billion. Read more…

IDC Report: The Convergence of Modern Technologies Transforms IT Roles, Fueling Growth in DataOps and MLOps

Jun 5, 2023 |

NEEDHAM, Mass., June 5, 2023 — The roles and activities performed by IT professionals have evolved dramatically over the past ten years due to the convergence of modern development technologies, cloud platforms, and as-a-service offerings that can significantly improve overall productivity. Read more…

Structured Data Management Fuels Majority of Second Half 2022 Compute & Storage Spending, Says IDC

May 5, 2023 |

NEEDHAM, Mass., May 5, 2023 — Structured Databases/Data Management continued driving the largest share of enterprise IT infrastructure spending in the second half of 2022 (2H22), according to the International Data Corporation (IDCWorldwide Semiannual Enterprise Infrastructure Tracker: Read more…

IDC, Google Cloud Report: Data Silos Hinder Manufacturing Digital Transformation

Apr 14, 2023 |

SUNNYVALE, Calif. and HANNOVER, Germany, April 14, 2023 — Ahead of Hannover Messe, one of the largest manufacturing events in the world, Google Cloud announced today new global research that found that manufacturers who provide immersive and personalized customer experiences (CX) are outperforming their peers in terms of revenue, profits, and ecommerce sales. Read more…

IDC’s 1st Forecast for the Performance Intensive Computing as a Service Market Shows Worldwide Revenue Reaching $103B in 2027

Apr 4, 2023 |

NEEDHAM, Mass., April 4, 2023 — International Data Corporation (IDC) has published its first-ever forecast for the performance intensive computing as a service (PICaaS) market. Read more…

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